A line chart is a graphical representation of a stock’s historical price and volume actions which forms a continues line by connecting the data points. Line graphs are the most basic type of charts which has been used in the financial and other sectors. Line graphs can be used to represent all time frames datas, but mainly used in day to day price changes.
- Line graphs are visual representation of a stocks historical price changes in a single continuous line.
- A line chart is easy to understand and simple in form, representing only changes in an asset’s closing price over time.
- Because of its simplicity,traders tends to form patterns or trends from the line graphs.